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01 May
16:13

Tata Thailand targets export sales boost

Tata Steel Thailand, now controlled by China’s Hebei Iron and Steel (Hegang), expects growth in sales in the fiscal year started April 2019 to be driven by both domestic demand and higher exports. The company saw sales shrink domestically last year, while exports jumped, Kallanish notes. Tata Thailand hopes to boost its sales by 5-10% to 1.2-1.25 million tonnes in its current fiscal year. The company also says it expects Thai steel demand to increase 5-6% …
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